Malaysia to become ageing population by 2020
As the Malaysian population is expected to increase to 32.4 million in 2018, the national fertility rate is projected to decline to the lowest level ever recorded since the formation of Malaysia 55 years ago.
For every 1,000 population, there are only 15.8 live births expected this year compared to 16.1 in 2017, noted Malaysia’s Selected Demographic Indicator 2018.
While Malaysia still has several years before the economic impact of an ageing population becomes apparent, it needs to buckle up. Eventually, we may have to rely on foreign labour or robots or get the elderly to become gainfully employed.
“We will have to cope with a fast-rising population of retired people whose pensions, if any, will have to be paid for by contributions from a shrinking working population.”
Source: The Start
Below are some useful links
- Malaysia Research Institute of Ageing under UPM http://www.myageing.upm.edu.my/
- University of the Third Age, U3A https://www.facebook.com/U3AMalaysia/
- Nursing Care Association of Malaysia www.ncas.org.my
- Pusat Activities Warga Emas (PAWE) http://www.jkm.gov.my/jkm/index.php?r=portal/left&id=d21PdVdCTGpEVaWJ3VTVSTjdQdWZldz09
- Seniors Aloud https://www.seniorsaloud.com/
Some retirement villages
- GreenAcres Retirement Village http://www.greenacres.com.my/
- Eden-on-the-Park Nursing Care Residence http://eden-on-the-park.com.my/
- Pelaburan Hartanah Bhd (PHB), UEM Group Bhd (UEM Group), and Japan’s Medical Care Service Inc (MCS) officially launched the discovery gallery of a joint project between the three parties known as Rei Seraya Residence — Malaysia’s first luxury senior living project with care services — on Jalan Ampang, next to Gleneagles hospital.